European Loan Programme in $395.3 mln loan for KKR's theTrainline buy

The European Loan Programme has provided a 265 million pound (US$395.3 mln) loan to fund KKR’s buy of theTrainline. London-based theTrainline is an online platform to sell rail tickets to consumers. The European Loan Programme is a joint venture between Ares Management and GE Capital. The ELP provides senior debt financing to upper middle market European companies.

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